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Saturday, August 29, 2009
E-Mail 'Study Asserts World's Stocks Controlled by "Select Few"' To A Friend
Topics: Corporate governance, Globalization, Investment management, Science and the scientific method
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Posted by Yves Smith
at
12:11 am
9 Comments:
I'm unsurprised and not in a tinfoil way either.
If an individual examines their surroundings and multiples the effect to expand it globally, it becomes quite chaotic. Where if one moves out ward, not unlike in our solar system it becomes much clearer.
Skippy… so why is that huge magnafing glass with the *tm* of Capital Group Companies over my head.
Link to Pdf document re:
The backbone of complex networks of corporations: Who is controlling whom?
http://arxiv.org/PS_cache/arxiv/pdf/0902/0902.0878v1.pdf
Skippy…reading time
Is this supposed to be news??? Is it not obvious that the predatorclass owns 95% of the worlds wealth and resources, and manipulates both markets and governments for it's own illgottengain???
Well worth reading and eagerly await peer review.
From this perspective if borne out, one can see concentrations of mass within a system, not unlike massive stellar events and we all know where that road leads too.
Skippy…now how are they going to polarize this, sheez.
PS. well at least I can run the math with my own data sets, should be fun, graphic analysis is the bomb.
The fly in this ointment is indeed the problem of 'street name' holdings. In fact it's not even a fly, it's a damm big elephant!
Now what happens when you compare the published 'research' with the relative concentration of holdings.
In that you might be able to infer that there is motivation. Barring some collateral comparison, the study is crap! Those fellows must be waiting for the Large Hadron Collider to fire up again.
[...] Hat tip Naked Capitalism [...]
“Conspiracy theorists will have to wait until the article described in Inside Science is published to determine whether it delivers on its claims.”
articles published in peer-reviewed journals have been screened by referees (http://en.wikipedia.org/wiki/Peer_review#Procedure)
“But the work was done by physicists, which means they may not have understood the limits of the data they were working with.”
http://arxiv.org/abs/0902.0878
the results are based on ownership data from a commercial database. this data is understood as yielding a network. network analysis is not something economists traditionally engage in…
It’s the physics profession trying desperately to be politically relevant on college campuses. Otherwise, less funding and not as many cocktail parties.
[...] Study asserts world’s stocks controlled by “select few”. [...]







